MIRXF (Serrano Resources) Total Liabilities: $0.37 Mil (As of Mar. 2026)


What is Serrano Resources Total Liabilities?

Serrano Resources MIRXF Total Liabilities is $0.37 Mil as of Mar. 2026.

Serrano Resources's Total Liabilities for the quarter that ended in Mar. 2026 was $0.37 Mil.

Serrano Resources's quarterly Total Liabilities increased from Sep. 2025 ($0.35 Mil) to Dec. 2025 ($0.36 Mil) and increased from Dec. 2025 ($0.36 Mil) to Mar. 2026 ($0.37 Mil).

Serrano Resources's annual Total Liabilities increased from Dec. 2023 ($0.31 Mil) to Dec. 2024 ($0.32 Mil) and increased from Dec. 2024 ($0.32 Mil) to Dec. 2025 ($0.36 Mil).

Serrano Resources Total Liabilities Historical Data

* Premium members only.

The historical data trend for Serrano Resources's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Serrano Resources Total Liabilities Chart

Serrano Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.27 0.31 0.32 0.36

Serrano Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.35 0.35 0.36 0.37

Serrano Resources Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Serrano Resources's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=0.36+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=0.36

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=0.001--0.359
=0.36

Serrano Resources's Total Liabilities for the quarter that ended in Mar. 2026 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=0.368+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=0.37

Total Liabilities=Total Assets (Q: Mar. 2026 )-Total Equity (Q: Mar. 2026 )
=0.001--0.367
=0.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of $0.37 Mil mean?
Serrano Resources (MIRXF) has a Total Liabilities of $0.37 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Serrano Resources and its competitors.
Is Serrano Resources' Total Liabilities too high?
Serrano Resources' current Total Liabilities is $0.37 Mil.
How does Serrano Resources' Total Liabilities compare to MTR and OKMN?
Serrano Resources' Total Liabilities of $0.37 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for an Oil & Gas company?
A good Total Liabilities depends on the Oil & Gas industry context. However, Total Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Serrano Resources and its competitors. Serrano Resources's current Total Liabilities is $0.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Serrano Resources stock overvalued right now?
Serrano Resources (MIRXF) has a current Total Liabilities of $0.37 Mil. The current Total Liabilities is $0.37 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Serrano Resources (MIRXF), the current Total Liabilities is $0.37 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Serrano Resources Business Description

Industry EnergyOil & Gas
Address 401 West Georgia Street, Suite 2020, Vancouver, BC, CAN, V6B 5A1
Serrano Resources Ltd is engaged in the acquisition and exploration of oil and gas properties.